PJM’s latest capacity auction: success or failure?
By Kennedy Maize The massive PJM Interconnection, which governs the high-voltage electric grid among 13 Middle- Atlantic states and the District of Columbia and serving some 67 million people, held its annual auction for reserve capacity July 22 to protect against system-wide electricity outages for the 2026-2027 season. The PJM variant of a “reverse Dutch … More PJM’s latest capacity auction: success or failure?